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"Buying great businesses at average prices is as much value investing as buying average businesses at great prices. The idea that every business trading at a low P/E, P/B, P/anything ratio is a 'value stock' is just plain stupid."
Indian integrated energy company Tata Power Renewable Energy has signed two memoranda of understanding (MOU) with the state government of Tamil Nadu for renewable energy project development and solar manufacturing.
Europe has to find a balance between a rapid need to scale up PV manufacturing capacity and innovation to remain competitive, according to a report from The ETIP PV.
The industry says the government’s focal point should shift towards green hydrogen, since it has steadfastly supported the renewable energy sector, leading to a significant expansion in installed and manufacturing capacities.
India installed 12.9GW of renewable energy capacity in 2023, over 10GW of which was solar PV capacity. This represents a 28% decline in PV additions and an 18% drop in overall renewables capacity additions year-on-year.